Bitcoin and altcoins have started to get dumped ahead of the expected critical data.

Uzmancoin
BTC3,34%
ETH3,49%

Bitcoin and altcoins experienced another drop today after a short-term recovery. Bitcoin, which reached 114k dollars yesterday, fell below 111k 500 dollars in the morning hours coinciding with the Asian session. Losses were even greater in altcoins, especially Ether.

The markets are waiting for two important data points.

This wave of selling in the cryptocurrency market is observed as critical economic data approaches that will shape the interest rate policy of the American central bank, the Fed. The markets are awaiting the U.S. Gross Domestic Product (GDP) data today, and tomorrow the Personal Consumption Expenditures Price Index (PCE), which is the inflation indicator that the Fed places the most importance on, will be announced. The data could be decisive in determining whether the Fed will accelerate or slow down its interest rate cuts. According to CME FedWatch, the current market pricing indicates that the Fed will lower its interest rate to the 3.5 - 4 percent range by the end of 2025.

Whale sales gained momentum

On the other hand, investments made in (ETF) for exchange-traded funds have also weakened recently. Despite Bitcoin spot ETFs receiving a net investment of 241 million dollars yesterday, they are down 225 million dollars on a weekly basis. It is estimated that the sales made by some large investors have also contributed to the decline of Bitcoin. Blockchain data shows that the sales of this group have gained momentum and reached the fastest phase of the cycle.

According to experts, it will be critical whether Bitcoin can hold at the support of 111 thousand dollars and ETH at 4 thousand dollars in the short term. As of 12:45, Bitcoin is finding buyers at 111 thousand 800 dollars, while Ether is at 4 thousand 35 dollars.

Published: September 25, 2025 12:53

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC breaks through 71,000 USDT, 24-hour gain of 3.23%

Gate News: On March 23rd, market data shows that BTC broke through 71000 USDT, currently trading at 71006.7 USDT, with a 24-hour increase of 3.23%.

GateNews31m ago

Mt. Gox Transfers $500 in $BTC Following Months-Long Silence

Mt. Gox, the defunct Bitcoin exchange, executed its first transaction in four months, moving $500 in Bitcoin. This has stirred speculation about its future actions ahead of a December claims deadline for creditors, potentially impacting Bitcoin's market.

BlockChainReporter1h ago

European Bitcoin Treasury H100 Aims to Triple BTC Stash by Acquiring Two Firms

H100 Group aims to acquire Norwegian firms Moonshot AS and Never Say Die AS in an all-stock deal, increasing its Bitcoin holdings from 1,051 to 3,500 BTC. This move would position H100 as Europe's second-largest listed Bitcoin treasury firm.

Decrypt1h ago

'How Did You Manage That?': Peter Schiff Trolls Michael Saylor Over 4.5% Bitcoin Loss and $44 Billion Plans - U.Today

Michael Saylor continues to invest heavily in Bitcoin, purchasing $76.6 million worth despite facing criticism from Peter Schiff about recent losses. Saylor aims to acquire one million BTC, supported by a new $44.1 billion funding plan, while Schiff highlights the ongoing portfolio drawdown.

UToday2h ago

Bitcoin Decouples From S&P 500 as Retail Demand Weakens

Bitcoin retail activity has decreased by 10%, the lowest since January 2025, indicating weaker market participation. The advent of ETFs has shifted retail access off-chain, while Bitcoin has diverged from the S&P 500, marking its longest decoupling since 2020 amid a correction phase.

CryptoFrontNews2h ago
Comment
0/400
No comments